Brisas Del Mar Group

The group, "Brisas del Mar," (Sea Breezes) is made up of three unique women who have fought hard for their families. One of them is Leticia M.. This woman sells meat, chicken, and natural juices in her home, which has helped her finances and has made her feel productive. Ubania P. has a barber shop to which she attends with her husband. She also goes to people's homes to do manicures, pedicures, hair cuts, hair straightening, conditioning, etc. Margarita M. makes and sells nacatamales (Nicaraguan tamales) and quality national clothing.

Additional Information

About ADIM

Located in Central America, ADIM is a small microfinance institution with a strong social focus. In the saturated microfinance market of Nicaragua, ADIM stands out for its emphasis on the holistic development of women as well as its provision of responsible financial services. Founded in 1989 by a small group of Nicaraguan women, this institution has remained true to its initial goal of providing its clients (90% of which are women) with an opportunity for economic growth, in addition to personal and professional empowerment. Supporting an ADIM borrower means contributing not only to the continued offering of the socially conscious services it provides, but also to the sustainable growth of a truly unique microfinance institution.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.